Eagle Hospitality Trust Files for Listing in Singapore

News about Eagle Hospitality Trust

Eagle Hospitality Trust, which owns 18 hotel properties in the USA, has filed for IPO in the Singapore stock market.

EHT comprises a REIT and business trust. The Singapore-based EH-REIT has an initial portfolio with 18 full service properties, comprising nine Upper Upscale hotels, five Upscale hotels, and four Upper Midscale hotels with a total of 5,420 rooms and an aggregate valuation of US$1.27b. For its initial portfolio, it expects a yield of 8.1%-8.2% in 2020.

Eagle Hospitality Trust
Price0.655 USD
NAV0.890 USD
Gearing37.5%